That the Association will maintain a separate account of the sums received by it for scientific research in the field of medical research. (ii) That the Association will furnish annual returns of its scientific research activities to the Council for each financial year by 31st May, each year, at the latest in such form as may be laid down and intimated to them for this purpose.
That the Institute will furnish an annual audited statement of accounts to the Council for each year by 31st May, each year, and in addition send a copy of it to the concerned Income-tax Commissioner.